Friendly policy toward Zimbabwe wont change ChinaThu, 16 Nov 2017 07:24:00 GMT
In August, Zimbabwes government said a Chinese company planned to invest up to two billion dollars to revive operations at Zimbabwe Iron and Steel Company (ZISCO), which ceased production in 2008 at the height of Zimbabwes economic meltdown.
Elliott Management tight-lipped on BHP investment changesWed, 15 Nov 2017 07:07:00 GMT
Vale and Samarco, including BHP's former iron ore boss and now chief executive of grain exporter CBH, Jimmy Wilson. Those criminal charges are now able to proceed after a Brazilian court ruled that evidence collected by phone-tapping Samarco executives was ...
BRIEF-Anyang Iron & Steel to upgrade business via asset swap ...Wed, 15 Nov 2017 02:58:00 GMT
* Says it plans to upgrade steel capacity output via asset swap, to set up mixed-ownership firm with private investors Source text in Chinese: http://bit.ly/2zKZLk3 Further company coverage: (Reporting by Hong Kong newsroom)
US Steel Imports Declined by More Than One-Tenth in SeptemberTue, 14 Nov 2017 21:30:00 GMT
SEATTLE (Scrap Monster): According to AIIS press release, the US steel imports declined by more than one-tenth from August to September, falling to 3.05 million net tons. The August decline was driven by a 38.7 percent drop in imports from Brazil to ...
Chinese Fujian, Guangdong ports restrict import coal arrivalsMon, 13 Nov 2017 21:30:00 GMT
Many ports in southeastern Chinas Fujian and Guangdong provinces have restricted arrival of imported coal recently, further weighing on Chinas seaborne import market, traders said. Lots of ports are no longer able to discharge import coal ...
Safety-first as new CBH boss settles inSun, 12 Nov 2017 11:55:00 GMT
The former BHP Billiton iron ore boss took the reins from former CBH CEO Andy Crane ... homicide after 19 people died following a dam collapse in 2015 at Brazils Samarco mine. The mine is a joint venture owned by BHP and Brazilian mining company Vale.
Kill the vices of procrastinationSat, 11 Nov 2017 16:34:00 GMT
For example, a vibrant (Zimbabwe Iron and Steel Company) Zisco can guarantee efficient and sufficient steel production necessary for the upscaling of our foundry industries and other downstream manufacturing entities throughout the country. However ...
Blue skies ahead as China embarks on an epic shutdown of heavy ...Sat, 11 Nov 2017 03:05:00 GMT
One executive at a private steel mill in Henan Province says his plant shut down in May 2016 to upgrade its pollution control systems to meet new national standards. The work was completed by July 2017, ready to restart operations in September. But the ...
ArcelorMittal Upbeat on Steel Outlook Following Strong QuarterFri, 10 Nov 2017 12:59:00 GMT
ArcelorMittal said it shipped more steel in all its major regions, except Europe. Brazil proved the highlight of the quarter, with steel shipments up 12.1%, enabling Ebitda to remain steady despite pressure on margins, while a 4.3% increase in shipments in ...
Nucor Corporation (NUE) Upgraded to Hold at Zacks Investment ...Thu, 09 Nov 2017 19:34:42 GMT
According to Zacks, Nucor recorded a year-over-year decrease in earnings in third-quarter 2017. Adjusted earnings however, beat the Zacks Consensus Estimate, while sales trailed.
Brazil steelmaker Gerdau holds 2017 investment targetWed, 08 Nov 2017 20:56:00 GMT
Reuters - reported that Brazilian steelmaker Gerdau SA still aims to invest around BRL 1.3 billion (USD 400 million) this year, Chief Executive Mr Andr Gerdau Johannpeter said on Wednesday, suggesting a surge in fourth-quarter capital spending.....more
Severstal develops biggest Data Lake in Russian industryWed, 08 Nov 2017 00:00:00 GMT
PAO Severstal, one of the worlds leading steel and steel-related mining companies, announces that it has created a hybrid Data Lake as part of its digital strategy to secure the Companys competitive advantages in the long-term. The infrastructure is designed to store Company functional data files for subsequent processing and use in Severstals data analysis, machine learning and artificial intelligence projects. The hybrid architecture of the storage will combine two data storage models ...
Analyzing POSCOTue, 07 Nov 2017 18:36:16 GMT
Nucor Corporation and POSCO are both large-cap steel - nec companies, but which is the better business We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, risk, valuation and profitability. 74.8% of Nucor Corporation shares are held by institutional investors.
Nucor executive sells over $1 million in stockTue, 07 Nov 2017 14:00:40 GMT
An executive at Nucor Corp., a leading producer of steel, has sold over $1 million in company stock, according to a Monday filing with the Securities and Exchange Commission.
Iron Powder Market Opportunity, Value, Size,Production Status ...Tue, 07 Nov 2017 04:31:00 GMT
Wuhan Iron&Steel Group, CNPC Powder Material, Xinxing, Jinsui The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology. The Global Iron Powder Market ...
LatAm currencies rebound from losses as commodities riseMon, 06 Nov 2017 07:52:00 GMT
Shares of Brazilian state-controlled oil company Petrobras also rose, while miner Vale SA and steelmakers Usinas Siderrgicas de Minas Gerais SA and Cia Siderrgica Nacional SA tracked iron ore prices higher. Brazil's benchmark Bovespa stock index rose 0 ...
Iran steel exports slow downMon, 06 Nov 2017 06:29:00 GMT
The IMIDRO data, released this week, is a preliminary report on large-scale exports. A more comprehensive and detailed version, including smaller private mills performance, often follows in about two weeks time by the Iranian Steel Producers Association.
Church of England sets new bar for mining industry in wake of ...Sun, 05 Nov 2017 17:59:00 GMT
The dam belonged to an iron ore mine run by Samarco, a joint venture between FTSE 100-listed BHP Billiton, and Vale of Brazil. The industry needs to pay far greater attention to the safety of tailings dams, which pose very significant risks ...
Irans Apr-Sep steel demand, export higher amid rise in productionFri, 03 Nov 2017 03:41:00 GMT
Iran is expected to export 8 million mt of steel within the current Iranian year ending March 2018, according to mines and metal state holding company, Imidro.
Berkshire Asset Management LLC Pa Has $12.91 Million Position ...Thu, 02 Nov 2017 20:15:42 GMT
Berkshire Asset Management LLC PA boosted its position in shares of Nucor Corporation by 49.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 230,408 shares of the basic materials company's stock after buying an additional 75,899 shares during the quarter.
Number of news reports: 20